Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (CIF) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (FOB) - 2022
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (CIF) - 2023
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,734 per ton in July 2023, falling by -9.2% against the previous month. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in November 2022 an increase of 80% m-o-m. As a result, import price attained the peak level of $3,253 per ton. From December 2022 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,503 per ton), while the price for Russia ($1,634 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (FOB) - 2022
In 2022, the average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $2,783 per ton, growing by 2.9% against the previous year. In general, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 34%. The export price peaked at $3,921 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Syrian Arab Republic ($12,826 per ton), while the average price for exports to Iran ($2,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+64.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey
After three years of growth, purchases abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -56.8% to 15K tons in 2022. In general, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 197% against the previous year. As a result, imports attained the peak of 34K tons, and then fell notably in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports shrank markedly to $34M in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 362% against the previous year. As a result, imports attained the peak of $73M, and then dropped remarkably in the following year.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.0 | 6.9 | 26.7 | 14.5 | 13.2% |
| Netherlands | 4.9 | 3.7 | 23.3 | 12.7 | 37.4% |
| Russia | 0.7 | 1.9 | 6.1 | 3.3 | 67.7% |
| Belgium | 3.0 | 2.1 | 1.8 | 1.9 | -14.1% |
| South Korea | 0.8 | 0.6 | 1.2 | 0.6 | -9.1% |
| United States | N/A | N/A | 7.7 | N/A | 0% |
| Mexico | N/A | N/A | 4.7 | N/A | 0% |
| Others | 1.7 | 0.7 | 1.8 | 1.1 | -13.5% |
| Total | 21.2 | 15.9 | 73.3 | 34.1 | 17.2% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Turkey in 2022:
- Germany (6.2K tons)
- Netherlands (5.3K tons)
- Russia (1.6K tons)
- Belgium (0.8K tons)
- South Korea (0.4K tons)
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey
In 2022, after two years of growth, there was significant decline in shipments abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, when their volume decreased by -95.7% to 3 tons. In general, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 82%. As a result, the exports reached the peak of 70 tons, and then declined rapidly in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports contracted significantly to $8.4K in 2022. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. As a result, the exports reached the peak of $189K, and then plummeted in the following year.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Iran | 36.6 | 62.2 | 4.2 | -66.1% | |
| Egypt | 7.7 | 40.3 | 2.7 | -40.8% | |
| Syrian Arab Republic | 12.5 | 21.0 | 1.5 | -65.4% | |
| Ukraine | 21.5 | 65.8 | N/A | 206.0% | |
| Others | N/A | 0.1 | N/A | 0% | |
| Total | 78.3 | 189 | 8.4 | -67.2% | |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Turkey in 2022:
- Iran (1.8 tons)
- Egypt (1.1 tons)
- Syrian Arab Republic (0.1 tons)
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